$ADA bouncing nicely off the lows

in btc •  3 years ago 

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It's good to see Cardano having a day here considering what it's been doing over the last couple weeks or so. Over that timespan it's made a low of 1.42 and a high of 2.38, it's currently moving for around 1.72 on most exchanges. From the 2.38 local top down to 1.42 is quite the drop, in fact I have a feeling it got dumped harder than some of the other altcoins. Regardless it's nice to see hit bounce today up about 11% right now over the last 24 hours. A lot of people on crypto twitter have been dogging on Cardano for a long time now, some predicting this kind of price action saying it was way overvalued when everything ran up back in the spring. No surprise to see it get wacked, wish it could have held up better but today was a sign in the right direction. Hoping it doesn't get wiped out over night though. Ha.

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